Category: Forex Glossary

Leading Indicators 0

Leading Indicators

Definition A composite index of ten economic indicators that typically lead overall economic activity. Why do Investors Care? Investors need to keep their fingers on the pulse of the economy because it dictates how...

Jobless Claims 0

Jobless Claims

Definition A weekly compilation of the number of individuals who filed for unemployment insurance for the first time. This indicator, and more importantly, its four-week moving average, portends trends in the labor market. Why...

International Trade 0

International Trade

Definition International Trade measures the difference between imports and exports of both tangible goods and services. The level of the international trade balance, as well as changes in exports and imports, indicate trends in...

Institute for Supply Management (ISM) 0

Institute for Supply Management (ISM)

Definition Formerly known as the NAPM. Change was effective in January 2002. ISM is a composite diffusion index of national manufacturing conditions. Readings above 50% indicate an expanding factory sector. Why do Investors Care?...

Industrial Production and Capacity Utilization 0

Industrial Production and Capacity Utilization

Definition The Index of Industrial Production is a chain-weight measure of the physical output of the nation’s factories, mines and utilities. The capacity utilization rate reflects the usage of available resources. Why do Investors...

Import and Export Prices 0

Import and Export Prices

Definition The prices of goods that are bought in the United States but produced abroad and the prices of goods sold abroad but produced domestically. These prices indicate inflationary trends in internationally traded products....

IFO Business Climate in industry an trade 0

IFO Business Climate in industry an trade

The Ifo Business Climate Index is a widely observed early indicator for economic development in Germany. Every month the Ifo Institute surveys more than 7,000 enterprises in west and east Germany on their appraisals...

Housing Starts 0

Housing Starts

Definition Housing starts measure the number of residential units on which construction is begun each month. Why do Investors Care? Two words…Ripple Effect. This narrow piece of data has a powerful multiplier effect through...

Harmonised Index of Consumer Prices (HICP) 0

Harmonised Index of Consumer Prices (HICP)

Definition: The harmonised index of consumer prices (HICP) is an internationally comparable measure of inflation calculated by each Member State of the European Union. HICPs are used to compare inflation rates across the European...

Gross Domestic Product 0

Gross Domestic Product

Definition Gross Domestic Product (GDP) is the broadest measure of aggregate economic activity and encompasses every sector of the economy. Why do Investors Care? GDP is the consummate measure of economic activity. Investors need...